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Jamie Dimon Urges Regulators to Act on Crypto Boom - Vimarsana News

Jamie Dimon Urges Regulators to Act on Crypto Boom

Dimon Calls for Crypto Regulation Cryptocurrencies should be regulated, Jamie Dimon has said.  The CEO and Chairman of JP Morgan shared his thoughts on the digital assets space with the Investment Company Institute, remarking that there should be more regulatory oversight. In a clip shared with CNBC, Dimon commented that there should be more legal framework and tax measures in place for the fast-growing industry. He said:  “There should be legal regulatory tax-related framework, AML, around crypto. It’s now worth $2 trillion. When are they going to say “Oh my god, this is worthy of ou...

Wells Fargo Plans to Add Crypto Fund to Platform, Top Exec Shares Why - Vimarsana News

Wells Fargo Plans to Add Crypto Fund to Platform, Top Exec Shares Why

Wells Fargo Investment Institute Darrell Cronk is the president of Wells Fargo Investment Institute, an investment-research division. He told Insider his team is in the final stages of adding a crypto strategy for wealthy clients. He explained why they changed their minds on crypto and the key merits and risks of the asset. Major cryptocurrencies are down in the doldrums after Elon Musk, Tesla's chief executive, fired off a whirlwind of tweets over the weekend. But not all is doom and gloom for the crypto market as Wells Fargo Investment Institute has emerged as ...

Binance CEO Interview on How He Built World's Largest Crypto Exchange - Vimarsana News

Binance CEO Interview on How He Built World's Largest Crypto Exchange

Binance This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Changpeng Zhao is the founder of Binance, the world's largest crypto exchange by trading volume. In an interview, Zhao recounts how he built Binance in 180 days and continues to grow its divisions. He also breaks down why he's keeping most of his personal assets in Bitcoin and Binance Coin. To Changpeng Zhao, home has always been less about a physical address and more of an inner world that transcends geographical bounda...

Arca CIO Shares 10 Crypto Tokens to Bet On, Special Situations Strategy - Vimarsana News

Arca CIO Shares 10 Crypto Tokens to Bet On, Special Situations Strategy

THORChain (RUNE). "DeFi is probably the best sector in terms of value drivers," he said. "All of these are growing entities where the token is either bootstrapping and helping facilitate that growth or directly capturing the revenue through some sort of a pass-through mechanism." Even before the Covid-19 pandemic, Dorman and his team noticed the desire for fans to stay engaged from home. While the internet and social media have made it possible for fans to connect with their idols, blockchain has enabled that fanship to be valued.  For example Another company Chiliz (CHZ) has created a plat...

5 Crypto-Linked Stocks to Buy, an Altcoin to Double in Value: Wedbush - Vimarsana News

5 Crypto-Linked Stocks to Buy, an Altcoin to Double in Value: Wedbush

The boom in cryptocurrencies is creating enormous opportunities for tech and finance companies.  Wedbush Securities shares 5 stocks of companies that are "attracting this new market opportunity." It also highlights an altcoin that could double its valuation over the next 12 to 18 months. Back in 2013, Wedbush Securities was the first Wall Street brokerage to issue a research report about bitcoin and its underlying blockchain technology. The company said the digital token could rise to as much as $98,500 from around $1,200 back then and described it as "a potentially game-changing disruption"...